Democratic U.S. presidential candidate Bernie Sanders smiles as he waves to the crowd at his 2016 New Hampshire presidential primary victory rally in Concord, New Hampshire February 9, 2016. REUTERS/Shannon Stapleton

It is a measure of the radical mood of America that virtually every presidential candidate who has so far come to the fore present themselves as an op(...)

Deutsche Bank’s € 1.75bn contingent convertible bond traded below 75 cents on the euro — its lowest level — a 19 per cent fall in price this year. (Photograph: Krisztian Bocsi/Bloomberg)

Prices for the riskiest bonds sold by some of Europe’s largest banks plumbed new lows on Monday, the latest sign of investors reassessing their outlo(...)

eBay: results out on Tuesday. Photograph: Cyril Byrne
For your diary

TODAY Results: Delta Air Lines. Indicators: Japanese industrial production (Nov). TOMORROW Results: Bank of America; eBay; First Bancorp; IBM; Morgan (...)

The case arose from John Rusnak’s having hidden trading losses at AIB’s Allfirst Bank  for at least five years before they were revealed in February 2002.

Citigroup has settled long-running litigation in which AIB accused it of helping rogue currency trader John Rusnak rack up a $691 million loss. US di(...)

Rogue trader John Rusnak: pleaded guilty to defrauding AIB subsidiary Allfirst in 2002 and was sentenced to seven and a half years in prison. He has since run a dry-cleaning and laundry business in the Baltimore area

John Rusnak, the rogue trader who cost AIB $691 million, has said he will not testify at a US trial in which the bank is suing Citibank for (...)

Barclays is set to pay a substantial fine to resolve allegations that it abused foreign exchange markets. Photograph: Reuters

British bank Barclays is set to pay a substantial fine to resolve allegations that it abused foreign exchange markets through its electronic trading p(...)

Irishman Morgan Downey:  browser-based market data platform known as Money.Net

There aren’t many people who would be brave enough to take on billionaire businessman Michael Bloomberg, but Irish man Morgan Downey is one of them. (...)

Citi’s Irish headquarters in Dublin’s Docklands Photograph: Alan Betson/The Irish Times

Citigroup, the third biggest US bank by assets and an employer of thousands in Ireland, reported a 51 per cent jump in quarterly profit as lower costs(...)

 The results are the latest example of pressure mounting on Wall Street banks. Photograph: Reuters

Goldman Sachs Group’s profit plunged for the second quarter in a row as bond trading revenue fell by a third amid market turmoil stemming from concern(...)

A trader works on the floor of the New York Stock Exchange on October 14th, 2015 in New York City. Photograph: Burton/Getty Images

US stocks were dragged lower as a bleaker outlook from Wal-Mart Stores Inc added to global growth concerns. The Iseq slipped by a quarter of a perce(...)